Article Summary

**Stablecoins Revolution: KPMG Reports 99% Reduction in Cross-Border Payment Costs** Major accounting firm KPMG reveals that stablecoins could slash cross-border payment costs by an unprecedented 99%, transforming the global $150 trillion payments landscape. This breakthrough highlights how blockchain technology and cryptocurrency adoption are reshaping traditional financial infrastructure. Financial institutions are rapidly embracing stablecoin solutions to accelerate settlement times, reduce transaction fees, and unlock massive liquidity pools in international transfers. Unlike volatile cryptocurrencies like Bitcoin, stablecoins offer price stability while maintaining blockchain's efficiency advantages over legacy payment systems. The DeFi revolution continues gaining institutional momentum as traditional banks recognize stablecoins' potential to eliminate intermediary costs and processing delays. This dramatic cost reduction could democratize global commerce, making international transactions accessible for small businesses and individuals previously excluded by high fees. KPMG's findings underscore the cryptocurrency market's evolution toward practical, real-world applications beyond speculative trading. As regulatory frameworks develop and institutional adoption accelerates, stablecoins position themselves as the bridge between traditional finance and digital assets, potentially revolutionizing how the world conducts cross-border business transactions.